Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Sees Significant Decline in Short Interest

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 56,623 shares, a decline of 53.6% from the August 15th total of 122,032 shares. Based on an average trading volume of 55,330 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the company’s stock are sold short.

Pacer Swan SOS Fund of Funds ETF Stock Down 0.3%

Shares of BATS PSFF opened at $34.93 on Tuesday. Pacer Swan SOS Fund of Funds ETF has a 12-month low of $30.94 and a 12-month high of $35.14. The firm has a market cap of $552.94 million, a PE ratio of 24.86 and a beta of 0.47. The company’s fifty day simple moving average is $34.71 and its 200 day simple moving average is $33.79.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Cetera Investment Advisers lifted its stake in Pacer Swan SOS Fund of Funds ETF by 6.7% in the first quarter. Cetera Investment Advisers now owns 1,801,393 shares of the company’s stock worth $57,725,000 after acquiring an additional 113,102 shares during the period. Maripau Wealth Management LLC boosted its holdings in Pacer Swan SOS Fund of Funds ETF by 3.2% in the first quarter. Maripau Wealth Management LLC now owns 596,870 shares of the company’s stock valued at $19,126,000 after acquiring an additional 18,673 shares in the last quarter. NewEdge Advisors LLC increased its position in Pacer Swan SOS Fund of Funds ETF by 13.3% during the 2nd quarter. NewEdge Advisors LLC now owns 365,172 shares of the company’s stock valued at $12,529,000 after purchasing an additional 42,903 shares during the period. Copley Financial Group Inc. increased its position in Pacer Swan SOS Fund of Funds ETF by 1.1% during the 2nd quarter. Copley Financial Group Inc. now owns 358,334 shares of the company’s stock valued at $12,294,000 after purchasing an additional 3,904 shares during the period. Finally, Storen Legacy Partners LLC bought a new position in Pacer Swan SOS Fund of Funds ETF in the 4th quarter worth $11,520,000.

About Pacer Swan SOS Fund of Funds ETF

The Pacer Swan SOS Fund of Funds ETF (PSFF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds of Pacer Swan SOS ETFs that provide exposure to US securities while limiting downside risk with buffers and caps over one year. PSFF was launched on Dec 29, 2020 and is managed by Pacer.